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Председатель Банка России Эльвира Набиуллина выступая в Совете Федерации заявила, что государственный стейблкоин внедрят в бюджетный процесс на федеральном и региональном уровнях к 2027 году.

Основатель крупнейшей криптобиржи Binance Чанпэн Чжао (Changpeng Zhao) готовится подать иск против сенатора-демократа Элизабет Уоррен (Elizabeth Warren) от штата Массачусетс за ложные и порочащие его репутацию обвинения во взяточничестве и коррупции.

Несмотря на легализацию добычи криптовалют, у российских майнеров сложился крайне негативный имидж в обществе. Об этом рассказал на форуме «Цифра права» первый заместитель комитета Госдумы по информационной политике и связи Антон Горелкин.

Quick Facts:

• 1️⃣ Bitcoin Hyper ($HYPER) introduces a high-performance Layer-2 built on the Solana Virtual Machine and anchored to Bitcoin, drastically improving transaction speed and scalability.
• 2️⃣ The network uses zero-knowledge proofs and a Bitcoin Canonical Bridge to batch micro-transactions and settle them efficiently on-chain, reducing fees and congestion.
• 3️⃣ Bitcoin Hyper expands Bitcoin’s utility from ‘digital gold’ to ‘digital payments backbone,’ supporting micropayments, retail transactions, remittances, and tokenized DeFi applications.
• 4️⃣ With $HYPER powering transaction fees and wrapped BTC serving as liquidity, the project could drive demand for both tokens.

Australian Securities & Investments Commission (ASIC) just updated its guidance, declaring that many digital assets, including stablecoins, wrapped tokens, and yield-bearing staking programs, will likely be treated as financial products under the Corporations Act 2001.

This announcement marks both a tightening of oversight and an implicit recognition that digital assets and blockchain-based payment infrastructures are becoming increasingly integrated into mainstream financial services.

It’s also part of the development of the global regulatory landscape for crypto.

Against this backdrop, Bitcoin Hyper ($HYPER) emerges as a key infrastructure play, aiming to address the current limitations of Bitcoin and scale it for tomorrow’s high-demand transaction economy.

Bitcoin’s Bottlenecks

While Bitcoin is the largest cryptocurrency by market capitalization and remains the foundational store of value in the cryptocurrency universe, it faces significant operational challenges that limit its utility in a high-velocity, global payment context. Key pain points include:

• Transaction speed and throughput: Bitcoin’s base layer processes roughly 7 transactions per second (tps) in normal conditions, vastly lower than major payment networks (Visa, Mastercard) that can handle thousands of tps.
• Inability to meet modern demands: With Web3 apps, DeFi, tokenized real-world assets, micropayments, IoT payments, and other novel uses emerging, the base Bitcoin layer is not optimized for high-frequency, low-value transactions. The high cost of on-chain fee spikes during congestion also undermines small-value payments.
• Cost and latency during congestion: When the Bitcoin network is busy, users face higher transaction fees and longer confirmation times. This undermines its competitiveness versus alternative chains like Solana and Ethereum.

Bitcoin achieved dominance as a digital store of value, but as a global payments backbone, it still has work to do.

Without solving these scalability and speed issues, Bitcoin risks falling behind newer networks optimized for high throughput.

Enter Bitcoin Hyper with its proposal to extend Bitcoin into a high-velocity payments and transaction infrastructure for the modern era. Bitcoin Hyper ($HYPER) – Bitcoin Layer 2 with $25M Presale

Bitcoin Hyper ($HYPER) is designed to build on Bitcoin’s brand, security, and decentralized base-layer strength with a cutting-edge Layer 2 solution.

Architecture & Mechanism

Bitcoin Hyper proposes a high-performance Layer-2 infrastructure powered by the Solana Virtual Machine that anchors into the Bitcoin main chain. This leverages Bitcoin’s security while offloading high-volume transaction traffic to a specialized Solana-driven network.

The model groups large numbers of microtransactions into batches via zero-knowledge proofs and settles them periodically to the Bitcoin layer. This reduces on-chain fee burden and increases throughput.

The platform supports both the native $HYPER utility token and wrapped Bitcoin through the Bitcoin Canonical Bridge.

Those tokens (and potentially more) can transact swiftly on the Bitcoin Hyper network and settle back to Bitcoin as needed. This opens new utility: merchants, gig-economy payments, micro-tipping, game-economy payments, and content-creator payouts, all using Bitcoin.

By leveraging Bitcoin’s brand and liquidity, Bitcoin Hyper presents a payment rail tied to the world’s largest cryptocurrency, rather than some lesser-known chain. Businesses gain confidence via Bitcoin’s established security, decentralization, and network effect.

Utility & Real-World Use Cases

Bitcoin Hyper transforms Bitcoin from a passive store of value into an active utility layer, unlocking real-world use cases that include:

• Micropayments, as Bitcoin Hyper enables lightning-fast, low-fee payments for millions of small-value transactions that would be impractical on base Bitcoin.
• Retail transactions, enabling merchants to accept ‘Bitcoin-based’ payments via Bitcoin Hyper, with near-instant confirmations.
• Remittance payments, as remittance corridors using Bitcoin Hyper become more cost-efficient, leveraging Bitcoin’s liquidity.
• Decentralized Finance (DeFi) by supporting tokenized assets and high-frequency transactions. Bitcoin Hyper allows developers to build dApps that interact with Bitcoin’s base layer indirectly, but at modern speeds.

What is Bitcoin Hyper? It’s not a Bitcoin replacement, but an enhancement that accelerates the development of Bitcoin’s core utility. In doing so, Bitcoin Hyper can only strengthen Bitcoin’s ranking and crypto market dominance.

How Far Can $HYPER Go?

With Bitcoin Hyper in place, Bitcoin’s position as the king of crypto could be reinforced. As Bitcoin expands into the Bitcoin Hyper Layer 2, the native $HYPER token could experience phenomenal growth from its discounted presale price — learn how to buy it now with our guide.

$HYPER can be used to cover transaction fees on the Bitcoin Hyper network, freeing up investors to deploy their wrapped $BTC for the best yield.

The case for $HYPER is bullish; by functioning alongside wrapped $BTC in a potentially transformative Layer 2 upgrade, $HYPER stands to benefit from $BTC’s growing utility.

That’s one reason our price prediction sees $HYPER climbing from its current $0.013195 to $0.20 by the end of 2026, delivering 1415% returns to current investors.

The presale has already raised over $25M, with multiple whale buys as big as $200K+.

Bitcoin Hyper represents a compelling next chapter for the Bitcoin ecosystem. It addresses the real, structural problems of Bitcoin’s blockchain, while leveraging Bitcoin’s existing dominance and trust.

With a layer-2 infrastructure built to handle modern payment demands, Bitcoin Hyper ($HYPER) positions Bitcoin not only as digital gold but as the digital payments backbone of the future.

Invest in Bitcoin’s next chapter at the Bitcoin Hyper presale.

Do your own research. As always, this isn’t financial advice.

Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/bitcoin-hyper-unveils-scalable-layer-2-that-could-redefine-bitcoins-future

По состоянию на октябрь 2025 года в обращении находится почти 20 млн BTC. Одни монеты удерживаются владельцами годами, другие — считанные дни. Графическим инструментом визуализации того, как долго хранятся биткоины, выступают «волны ходлеров».

On Wednesday, 21Shares, the world’s largest issuer of cryptocurrency exchange-traded products (ETPs), submitted a regulatory filing with the US Securities and Exchange Commission (SEC), seeking approval to launch a passive Hyperliquid ETF designed to track the price of the HYPE token. 

21Shares’ Passive Hyperliquid ETF 

Passive exchange-traded funds, like the one proposed by 21Shares, are structured to track the performance of a specific index or asset by holding it in consistent proportions, rather than actively selecting and managing investments. 

This passive management approach typically results in lower expense ratios and reduced management fees, as there is no need for a highly compensated portfolio manager to make frequent trading decisions. 

Additionally, passive ETFs usually disclose their holdings on a daily basis, offering investors clear insight into the fund’s assets. They are also known for their tax efficiency, as lower portfolio turnover generally leads to fewer capital gains taxes.

In its Hyperliquid ETF filing, 21Shares announced that it has selected Coinbase (COIN) and BitGo as custodians for the Hyperliquid ETF. The Trust will hold the HYPE token and assess its value daily based on a specified Pricing Benchmark. 

Furthermore, 21Shares disclosed that it may explore alternative methods for engaging in staking activities, specifically through liquid staking protocols (LSPs). These protocols allow for the issuance of a freely tradeable digital token, known as a “Liquid Staking Token,” which represents the HYPE staked with the protocol.

The Youngest Crypto Asset To Seek ETF Approval 

Notably, the HYPE token is the youngest cryptocurrency asset to have an ETF application submitted to date, underscoring the growing interest from money managers and institutions in gaining exposure to these digital assets. 

Additionally, HYPE has been among the top performers since its launch back in November 2024, with a major 1,140% surge since its market debut, with a market cap nearing the $13 billion market capitalization. 

The US Securities and Exchange Commission (SEC) has received a wave of ETF filings related to cryptocurrencies such as Solana (SOL), XRP, and Dogecoin (DOGE) as the demand continues to rise throughout the year. However, it is important to note that the approval process for these numerous crypto ETF applications remains pending. 

The SEC is currently operating with limited staff due to a government shutdown, which has slowed down the review process. In September, the agency did remove the last significant barrier for several new spot ETFs linked to various cryptocurrencies, paving the way for potential future approvals.

Despite the Hyperliquid ETF application, the HYPE token has failed to react positively to the news with a 2% drop toward $46 in the 24-hour time frame. This puts the token 20% below its record peak of $59 reached earlier this year. 

Featured image from DALL-E, chart from TradingView.com 

France’s National Assembly moved to block European Central Bank’s planned digital euro and to favor Bitcoin and euro stablecoins. Based on reports, the resolution was filed on October 22, 2025 by Éric Ciotti and UDR members.

Call For A National Bitcoin Reserve

The motion asks for a public body to build a strategic Bitcoin holding equal to 2% of the total supply — about 420,000 BTC — over seven to eight years.

Funding ideas include using surplus energy to mine, retaining seized Bitcoin, and sending a slice of Livret A and LDDS savings to daily BTC purchases. The plan would allow tax payments in Bitcoin if constitutional checks approve it.

Supporters say a centrally run digital currency could let authorities track and freeze people’s money, and they compared the plan to China’s digital yuan.

They warned a digital euro might let users move deposits straight to the ECB and weaken banks, raising the risk of shifts that could destabilize lenders.

The ECB began a preparation phase in November 2023 and expects that phase to end by the end of 2025; officials say circulation could start around 2029, according to Piero Cipollone.

Euro Stablecoins And Market Size

The motion presses for stronger euro-denominated stablecoins to cut dependence on dollar tokens. According to IMF data cited in the proposal, 91% of stablecoin market capitalization — roughly $210 billion of $230 billion — is dollar-based, while the largest euro stablecoin is about $259 million.

Lawmakers want MiCA rules adjusted so European banks and companies can issue euro tokens more easily.

Calls To Adjust Banking Rules

As part of the package, the resolution seeks a lighter touch on Basel prudential rules that now treat some crypto-backed loans as highly risky and impose capital buffers up to 1,250%.

Backers say those rules discourage crypto-collateral lending and want a “targeted deviation” to encourage bank participation.

France has opened doors to more regulated crypto work. The AMF approved BPCE’s Hexarq for custody and trading, and Lise, a tokenized equity platform, got a DLT Pilot Regime green light.

Based on Chainalysis, France processed about $180 billion in crypto flows from July 2024 to June 2025, placing it among Europe’s busiest markets.

The proposal faces legal and political tests, but it makes clear France aims to shape how digital money works in Europe. The debate is expected to draw intense public attention.

Featured image from Unsplash, chart from TradingView

DeFi platform Ondo Finance has unveiled its integration with the BNB Chain to bring more than 100 tokenized stocks and exchange-traded funds (ETFs) to the network’s millions of daily active users.

Ondo Finance Expands To BNB Chain

On Wednesday, Ondo Finance announced the expansion of its tokenized securities platform, Ondo Global Markets, to the BNB Chain, aiming to bring tokenized stocks and exchange-traded funds to the blockchain at scale.

Since its launch in September, Ondo Global Markets has offered a selection of more than 100 tokenized US stocks and ETFs, surpassing $350 million in total value locked (TVL). Additionally, it has driven over $669 million in total on-chain volume.

According to the statement, the integration aims to enable access to the tokenized securities platform’s over 100 tokenized US stocks and ETFs on-chain for BNB Chain’s 3.4 million daily active users and DeFi ecosystem, supported by leading ecosystem projects like PancakeSwap.

“By joining BNB Chain’s extensive ecosystem of wallets, exchanges, and DeFi protocols, Ondo tokenized stocks will integrate with key infrastructure partners to expand global access and liquidity for tokenized securities,” the announcement explained.

Sarah Song, Head of Business Development at BNB Chain, noted that Real-World Assets (RWAs) are “one of the fastest-growing segments on BNB Chain,” adding that having the tokenized securities platform join the BNB ecosystem “is another strong validation of that momentum.”

As reported by Bitcoinist, the BNB Chain, which had a remarkable ecosystem performance over the past few months, recently expanded its RWA ecosystem with a partnership with CMB International Asset Management Limited. Additionally, the BNB Chain joined the Ondo Global Market Alliance in July.

“We’re excited to see Ondo Finance utilising BNB Chain to expand access to high-quality financial assets and driving the next wave of adoption that connects traditional markets with blockchain technology,” Song added.

Tokenized RWAs Momentum Grows

Nathan Allman, Founder and CEO of Ondo Finance, stated that the integration marks a “major step toward making U.S. markets globally accessible through blockchain technology,” as it builds on Ondo’s cross-chain strategy, which already has support live on Ethereum.

Notably, Ethereum had an 83.69% share of the total Real-World Asset market cap by chain in August, highlighting the network’s position in RWAs, one of the fastest-growing sectors in the industry.

Allman noted that the BNB Chain is “home to one of the largest and most engaged global user bases in Web3,” which will give access to millions of users worldwide to a fast, cost-efficient, and “highly interoperable” environment.

Per the statement, Ondo Finance has additional deployments planned to advance its mission to “democratize” access to high-quality US financial assets and ensure tokenized assets move seamlessly across major blockchains.

The DeFi platform has solidified its position as a key leader in the real-world asset sector with strategic partnerships and the launch of its own Layer-1 blockchain, which aims to bridge the gap between traditional finance and decentralized finance.

Ondo Global Markets continues to lead the tokenized securities category in both scale and accessibility. The platform’s momentum reflects growing global appetite for U.S. financial exposure, as investors seek trusted, compliant, and efficient onchain alternatives to traditional intermediaries.

It’s worth noting that a White House report from earlier this year recognized the sector as foundational to the future of the global financial system and named the DeFi platform among the key players.

Stablecoin leader Circle, the issuer of USDC, has officially launched its Arc testnet with VISA, Mastercard and other major partners, a new Layer-1 blockchain designed to serve as the “economic operating system for the internet.”

Related Reading: Solana Price Set For Double-Digit Rally Above $230: Analyst Reveals How To Spot Next Move

The testnet already counts over 100 major participants from finance, technology, and payments, including, as mentioned, Visa, Mastercard, BlackRock, Goldman Sachs, and Coinbase, all collaborating to bridge the gap between TradFi and the on-chain economy.

Circle CEO Jeremy Allaire described Arc as purpose-built to connect every local market to the global economy, emphasizing its ability to facilitate lending, capital markets, foreign exchange, and global payments.

Arc’s design centers on USDC as the native gas token, offering predictable dollar-based transaction fees and sub-second finality, features that make it uniquely appealing for regulated financial operations.

A Global Push Toward Blockchain-Based Finance

Arc’s debut underscores a growing institutional appetite for blockchain infrastructure that balances regulatory compliance with decentralized programmability.

Participants such as Apollo, BNY Mellon, and State Street join payment titans and fintech leaders in testing Arc’s capabilities. Circle has also enlisted developer partners like Alchemy, Chainlink, and Anthropic, while Coinbase and Uniswap are providing liquidity support.

The network integrates optional privacy controls to ensure compliance with data-protection standards while enabling transparency for audits and settlements. This balance is crucial for large financial institutions exploring tokenized assets, real-time settlements, and programmable payments.

In a significant regional development, South Korean firm BDACS announced it will issue its Korean won-backed stablecoin (KRW1) on Circle’s Arc blockchain, a move aimed at expanding South Korea’s regulated stablecoin presence on the global stage.

Toward Decentralized Governance and Institutional Adoption

While Circle currently oversees Arc’s testnet operations, the company plans to transition toward community-governed decentralization in the future. Compliance partners like Elliptic are already integrating monitoring tools to strengthen transparency across the ecosystem.

Industry analysts view Arc as Circle’s most ambitious project yet, a move that could reshape how banks, fintechs, and enterprises conduct cross-border payments and tokenized finance.

Related Reading: Solana Just Solved Its Biggest Data Problem, Says Helius CEO

As Arc’s testnet gains traction, it could become the backbone of a new financial era, one where blockchain and traditional finance converge to power the next generation of global commerce.

Cover image from ChatGPT, ETHUSD chart from Tradingview

Bitcoin (BTC) is attempting to push above critical demand levels today as traders position ahead of the US Federal Reserve meeting, a key event that could influence market direction for the weeks ahead. The market remains cautious but tense, with volatility expected to spike once the Fed reveals its stance on interest rates and quantitative tightening (QT). A dovish signal could ignite renewed buying momentum across risk assets, while a reaffirmation of restrictive policy might extend the current consolidation phase.

According to fresh on-chain data from CryptoQuant, Long-Term Holders (LTHs) have been actively selling throughout the past month—a trend that points to an ongoing distribution phase in Bitcoin’s cycle. Over the last 30 days, these seasoned investors have offloaded significant amounts of BTC, signaling profit-taking behavior after months of accumulation earlier in the year.

While short-term traders watch for a potential breakout, the sustained selling pressure from long-term holders introduces a layer of caution. Still, analysts note that such distribution patterns often occur during mid-cycle transitions, when capital rotates from patient holders to new participants. How Bitcoin reacts to today’s Fed announcement may determine whether this phase evolves into renewed strength or deeper consolidation.

Bitcoin Prepares For Volatility

According to data shared by top analyst Maartunn, Long-Term Holders (LTHs) have offloaded approximately 325,600 BTC over the past 30 days—the sharpest monthly drawdown since July 2025. This wave of distribution marks a significant shift in market dynamics, suggesting that even the most patient investors are realizing profits or repositioning amid growing macro uncertainty. Historically, such large-scale LTH sell-offs tend to occur near key market transitions—either during late-stage rallies or deep consolidation phases where capital begins rotating back into circulation.

The timing of this distribution is particularly notable, coming just as Bitcoin consolidates around the $112,000–$113,000 range and the market braces for the US Federal Reserve’s policy announcement. While selling from long-term holders can initially pressure prices, it often sets the foundation for new market entrants to accumulate at more favorable levels. Once this supply redistributes and selling momentum fades, the market can stabilize and form a stronger base for the next upward move.

Maartunn’s analysis suggests that this could be part of a healthy market rotation, not necessarily the start of a broader downtrend. If Bitcoin manages to hold above its 200-day moving average and liquidity remains resilient, the recent LTH distribution may ultimately serve as a reset phase—transferring supply from experienced holders to new investors ahead of a renewed bullish impulse.

Looking ahead, the key to Bitcoin’s next major move will likely depend on macro conditions—specifically, the Fed’s tone on interest rates and liquidity management. A dovish or neutral stance could reignite demand and absorb the excess supply, while a more hawkish message may extend consolidation. Either way, this phase appears to be setting the stage for Bitcoin’s next decisive trend.

Bitcoin Faces Rejection As Bulls Defend Key Support

Bitcoin (BTC) is trading around $113,130, showing mild weakness after failing to break above the $117,500 resistance, a critical supply zone that has rejected price advances multiple times this month. The 4-hour chart highlights a clear rejection near this level, followed by a short-term pullback that has brought BTC back toward its 50-period moving average (blue), currently acting as intraday support.

Below current levels, the 100-period (green) and 200-period (red) moving averages sit between $111,000–$112,000, forming a solid confluence of dynamic support. As long as Bitcoin holds above this zone, the broader structure remains constructive, suggesting this pullback could be a retest before another breakout attempt.

A confirmed break above $117,500 would invalidate the short-term bearish setup and potentially trigger a move toward $120,000–$123,000, where the next resistance cluster lies. However, if BTC closes below $111,500, it could invite deeper corrections toward $108,000, which served as a strong reaction zone earlier this month.

Featured image from ChatGPT, chart from TradingView.com

Institutional confidence in Solana (SOL) continues to surge as Bitwise clients invest a massive $69.5 million, supporting the blockchain as a frontrunner among alternative Layer-1 assets. The investment shows a growing appetite for scalable, low-cost blockchain solutions beyond Bitcoin and Ethereum.

Solana has been one of 2025’s standout performers, supported by its lightning-fast transaction speeds, affordable fees, and expanding DeFi and Web3 ecosystems. The Bitwise allocation signals institutional validation of Solana’s infrastructure and future potential, particularly as adoption accelerates tokenized asset markets.

On-chain metrics reveal heightened activity, transaction volumes, developer participation, and staking inflows are all climbing. This combination of technological strength and real-world integration reinforces investor optimism, even as short-term volatility tests the $200 resistance level.

Bitwise Expands Its Institutional Crypto Strategy

Bitwise Asset Management’s latest Solana purchase reflects a deliberate expansion into diversified digital assets.

Known for its research-driven, transparent investment approach, Bitwise has already established positions in Bitcoin, Ethereum, and emerging crypto assets. The $69.5 million Solana investment strengthens its role as a key driver of institutional crypto adoption.

Analysts note that this strategic pivot reflects a broader institutional shift toward next-generation blockchains capable of handling global-scale applications. Solana’s proven resilience, maintaining performance during periods of high network traffic, adds to its appeal for asset managers seeking reliability in volatile markets.

The enthusiasm surrounding Solana also extends to the ETF space. Bitwise’s Solana Staking ETF (BSOL)recently recorded the largest first-day trading volume of 2025, hitting $56 million.

Bloomberg’s Eric Balchunas and ETF expert Nate Geraci highlighted the debut as a landmark moment for Solana’s institutional journey, potentially paving the way for future XRP and DeFi-based ETFs.

Solana Bulls Eye $200 Breakout as Institutional Tailwinds Strengthen

Currently, Solana trades around $195, hovering above short-term support at $191 and facing resistance at $203. Analysts suggest that a decisive break above $200 could ignite the next leg of Solana’s rally, driven by institutional inflows and bullish ETF momentum.

Meanwhile, Western Union’s upcoming USDPT stablecoin launch on Solana adds another layer of credibility to the blockchain’s global adoption story. With financial firms integrating Solana’s stable infrastructure, the network’s role in cross-border payments and DeFi continues to expand.

As institutions pour capital into Solana, the market narrative is shifting. The Bitwise investment doesn’t just fortify confidence, it signals that Solana is maturing into a long-term institutional asset, with bulls now fighting to reclaim the $200 resistance zone as the next milestone on its journey toward mainstream adoption.

Cover image from ChatGPT, SOLUSD chart from Tradingview

Bitcoin (BTC) is attempting to reclaim key resistance levels this week as traders brace for the US Federal Reserve meeting later today—a pivotal event that could set the tone for risk assets heading into November. Market volatility has tightened in recent days, with investors watching whether the Fed will maintain its restrictive policy or hint at easing amid slowing macro indicators.

According to top analyst Darkfost, on-chain data reveals that the BTC Stablecoin Reserve Ratio on Binance is once again flashing a buy signal, a pattern that has historically preceded upward price movements. The signal follows weeks of market turbulence triggered by the October 10th liquidation event, which erased billions in leveraged positions across exchanges. The resulting spillover in the derivatives market also rippled into spot markets, amplifying volatility and testing investor conviction.

While some participants opted to hedge or rotate into stablecoins, others saw the downturn as an accumulation opportunity—a dynamic now reflected in Binance’s shifting reserve ratios. As Bitcoin consolidates around critical levels, traders are positioning for what could be the next significant move, with macro policy and liquidity conditions likely dictating direction.

Bitcoin Indicator Flashes Buy Signal For The Third Time This Cycle

According to on-chain analyst Darkfost, the recent market activity has triggered major shifts within Binance reserves, both in stablecoins and BTC holdings. Amid the post-liquidation recovery, one clear trend has emerged from the noise: the BTC/Stablecoin reserve ratio on Binance is now flashing a buy signal for the third time this cycle—a pattern that has historically preceded strong upward moves in Bitcoin’s price.

Darkfost notes that this same signal has appeared at critical turning points in the past. In January 2023, Bitcoin rallied from $16,600 to $24,800. The second instance, in March 2023, preceded a surge from $20,300 to $73,000, marking the beginning of a major bullish phase. The most recent occurrence, in March 2025, was followed by another substantial move from $78,600 to $123,500.

This recurring signal reflects a structural change within Binance’s reserves: stablecoin holdings are increasing relative to BTC reserves. In other words, there is a growing amount of stablecoins ready to enter the market while BTC reserves continue to fall. Such a dynamic often creates conditions for a supply shock, where buying demand begins to outpace available supply, setting the stage for a potential bullish reversal.

What makes this setup particularly notable is its context. This pattern usually forms during bear markets or following deep corrections, when accumulation phases begin to rebuild market strength. Seeing it develop now—while Bitcoin consolidates near key support levels—is unusual and suggests that large holders and institutional participants may already be positioning for the next major upward phase.

Bitcoin Faces Resistance As Bulls Attempt To Reclaim Momentum

Bitcoin (BTC) is consolidating around $112,900, showing early signs of recovery after bouncing from its 200-day moving average (red line) near $108,000. The price structure suggests that BTC is attempting to regain bullish momentum but continues to face notable resistance at $117,500, a level that has capped multiple rallies since late August.

The 50-day (blue) and 100-day (green) moving averages currently converge around $114,000–$115,000, reinforcing this zone as a short-term barrier. A clean break and daily close above this area would confirm renewed buying strength and potentially trigger a move toward $120,000–$123,000, where prior liquidity clusters exist.

On the downside, the 200-day MA remains the critical support to monitor. As long as Bitcoin holds above it, the broader uptrend structure remains intact, despite recent volatility. A close below $108,000, however, could expose BTC to a deeper correction toward $102,500, where the next significant support lies.

Market participants appear cautious ahead of the Federal Reserve meeting this Wednesday, with traders balancing macro uncertainty against improving on-chain metrics. The ongoing consolidation may therefore act as a pre-breakout accumulation phase, with a decisive move likely to follow once policy clarity and liquidity direction are established.

Featured image from ChatGPT, chart from TradingView.com

Germany’s largest opposition force, Alternative für Deutschland (AfD), has submitted a Bundestag motion positioning Bitcoin as a strategic technology and urging Berlin to protect the protocol—and its users—from what the party calls excessive government and EU control. The motion, under the title “Recognizing the Strategic Potential of Bitcoin – Preserving Freedom through Restraint in Taxation and Regulation,” is signed by the AfD parliamentary leadership and spearheaded by MP Dirk Brandes.

In the text, the party explicitly separates Bitcoin from the broader “crypto-asset” category defined under the EU’s Markets in Crypto-Assets (MiCA) framework. It states that “Bitcoin is a decentralized, non-manipulable, and limited-supply digital asset, and fundamentally differs by its technical design from other so-called crypto-assets.” The motion warns that applying MiCA’s regulatory logic to “an open, decentralized protocol such as Bitcoin” would endanger innovation and digital sovereignty, calling excessive regulation a threat to “financial freedom.”

Germany’s AfD Makes Its Pro-Bitcoin Stand

On the regulatory front, the AfD asks the federal government not to impose licensing or registration requirements for non-custodial Bitcoin activity—explicitly naming self-hosted wallets, Lightning nodes, and infrastructure tools—so long as no customer funds are held in custody.

Tax policy is a second focal point: the motion demands clear legal protection for Germany’s existing one-year holding period after which private gains are tax-free, and calls for a statutory distinction between Bitcoin and other crypto-assets. It further insists that BTC mining and Lightning operation for private purposes should not be classified as commercial activity.

Beyond the regulatory and tax proposals, the AfD calls for a formal government strategy paper on Bitcoin’s role as “free, digital money,” exploring its technological, energy, and monetary implications.

The AfD’s communications office paired the filing with a pointed attack on the European Central Bank’s “digital euro” project, framing BTC as a civil-liberties alternative. In a party release dated October 23, 2025, Dirk Brandes declared: “Freedom begins with money… The digital euro is nothing more than a tool for surveillance and control – the opposite of freedom. Bitcoin, on the other hand, stands for independence, property, and self-determination.”

The statement further urges the government “to recognize Bitcoin as a strategic future technology, to build state Bitcoin reserves, to enable pilot projects for BTC payments in the public sector, and to end the tax discrimination of crypto-assets.” Brandes concluded that “Germany must finally become an innovation leader in this area – not a surveillance state.”

However, the text of the official Bundestag motion itself is more restrained. It does not explicitly mandate the immediate accumulation of sovereign Bitcoin reserves or the launch of public-sector Bitcoin payments. Rather, it argues in principle that Bitcoin should be viewed as “outside money”—a neutral global base layer of value—and that it could be “conceivable” within state reserve management in an era of monetary and geopolitical uncertainty. The motion’s operative demands focus instead on regulatory restraint, tax clarity, and a comprehensive federal strategy.

In its parliamentary briefing, the AfD summarized the goal concisely: to free BTC from unnecessary regulatory and tax burdens and to prevent the application of MiCA to a decentralized base protocol.

The political backdrop adds weight to the move. Since spring 2025, multiple national polls have shown AfD leading Germany’s political field, edging out both major establishment parties. An April Ipsos survey placed AfD at 25%, ahead of the CDU/CSU at 24% and the SPD at 15%.

These are polling figures, not electoral results, but they underscore why AfD has intensified its libertarian, pro-sovereignty messaging—using BTC as both a symbol of resistance to state control and a tangible policy wedge against the establishment parties.

Institutionally, the motion faces steep odds. The AfD remains in opposition to the governing grand coalition of CDU/CSU and SPD, led by Chancellor Friedrich Merz, which was confirmed by the Bundestag on May 6, 2025. Without committee majorities or procedural control, AfD’s proposal is unlikely to advance to a vote in its current form. Still, several of its core elements—particularly legal certainty for the one-year tax exemption—may find cross-party resonance as part of upcoming MiCA transposition debates.

At press time, Bitcoin traded at $113,164.

Nasdaq-listed Dogecoin treasury company Bit Origin has highlighted the areas in which DOGE is outpacing Bitcoin. This came as the company made the case for why the meme coin is the better option for daily payments, as it looks to push DOGE’s adoption. 

Dogecoin Treasury Company Makes Case For DOGE Over Bitcoin

In an X post, the Dogecoin treasury company stated that DOGE is proving it can outpace Bitcoin in speed, cost, and usability.  Bit Origin noted that while Bitcoin takes 10 minutes per block, Dogecoin confirms transactions in just one minute on average. The company added that DOGE is built for everyday use with lower fees. 

Notably, the Dogecoin treasury company has already announced plans to build merchant payment rails and integration tools to drive adoption at scale. As part of its case for DOGE over Bitcoin, Bit Origin stated that companies and individuals hold the meme coin because of its low transaction fees, utility, meme appeal, and celebrity endorsements. 

The Dogecoin treasury company alluded to Elon Musk’s “soft spot” for DOGE as part of the celebrity endorsements. Now, Bit Origin remarked that it is looking to turn that meme affection into serious utility. They claimed that DOGE is more than just jokes, as it boasts fast payments with a passionate community. 

It is worth mentioning that travel company Alternative Airlines recently adopted Dogecoin, enabling users to pay for flights with DOGE. The company highlighted that the meme coin can handle more transactions per second (TPS) than other major cryptos such as Bitcoin and Ethereum. The DOGE network can handle up to 30 TPS, while Bitcoin and Ethereum can handle 25 and 6, respectively. 

Other Treasury Companies Pushing For DOGE Payments

In addition to Bit Origin, other Dogecoin treasury companies are exploring ways to integrate DOGE into everyday payments and boost its adoption. Trump-linked Thumzup Media revealed that it is “actively” exploring and developing the integration of DOGE as an alternative payout mechanism for users of its Thumzup app.

The Dogecoin treasury company further noted that introducing DOGE as a rewards option would allow them to bypass traditional banking rails, reduce transaction costs, and enable near-instant settlement of cross-border payments. This would be similar to what the DOGE community has been advocating for with the X payments as they push for Elon Musk to integrate the meme coin on X. 

Meanwhile, House of Doge, another Dogecoin treasury company and the corporate arm of the Dogecoin Foundation, is also actively pushing for the integration of DOGE payments. The company just bought a Swiss hockey team and plans to enable DOGE payments for tickets and merchandise. 

At the time of writing, the DOGE price is trading at around $0.19, down over 3% in the last 24 hours, according to data from CoinMarketCap.

Visa announced support for four new stablecoins across four blockchains, moving deeper into crypto payments. According to the credit card firm’s Q4 2025 earnings call, card spending tied to stablecoins has surged fourfold year-over-year. That kind of growth, company executives say, points to rising use of tokenized money on established payment rails.

Stablecoin Settlement Hits A $2.5 Billion Run Rate

Based on reports from the earnings call, Visa’s stablecoin settlement platform now handles conversions between two currencies and more than 25 fiat currencies, with monthly volumes running at an annualized $2.5 billion.

“We are adding support for four stablecoins running on four unique blockchains, representing two currencies that we can accept and convert to over 25 traditional fiat currencies,” Visa CEO Ryan McInerney told investors on the company’s Q4 and year-end earnings call, Tuesday.

Since 2020, the company reports total crypto and stablecoin flows have topped $140 billion. Of that, over $100 billion was linked to direct card purchases of digital assets, while about $35 billion came from spending on digital assets through the card company’s credentials. Those figures suggest stablecoins are no longer an experiment inside the company.

Visa CEO Ryan McInerney said during the Q4 earnings call that the company plans to add support for four stablecoins. In the same quarter, Visa’s stablecoin-linked card spending increased fourfold year-over-year. Since 2020, Visa has processed over $140 billion in crypto and…

— Wu Blockchain (@WuBlockchain) October 28, 2025

Banks Can Mint And Burn Tokens On Visa’s Platform

The company is also opening up tooling for banks. The firm has enabled banks to mint and burn their own stablecoins on its Tokenized Asset Platform. Tests of pre-funding options for Visa Direct have been launched.

Reports say these features aim to give remitters, banks, and companies quicker and more flexible liquidity options. Payment delays, price swings and high costs in some corridors are named reasons for the trials, with a focus on areas where traditional fiat rails are slow or expensive.

Stablecoin Partners And Network Support

The company named stablecoin partners including Paxos and cited support for USDG and PYUSD on blockchains such as Stellar, Avalanche, Ethereum, and Solana.

More than 130 stablecoin-linked Visa card programs now exist across 40 countries. Those programs combine blockchain rails with the firm’s network, allowing wallets and cards to interact with tokenized balances in ways that were uncommon a few years ago.

 

Consulting, Tokenization And Fraud Tools

Reports indicate Visa’s consulting arm is working with clients on stablecoin setups, folding these services into a broader Visa-as-a-Service offering.

The company is also pushing tokenization for payments and using AI to improve fraud checks. Visa says over 16 billion tokens now power parts of the e-commerce transaction system, and those layers are being applied to protect both traditional and crypto-linked payments.

Analysts and industry watchers say the move targets remittances, B2B transfers and instant payouts for gig workers. By offering pre-funded rails and local stablecoin issuance, Visa aims to cut cost and time for cross-border transfers.

Featured image from Gemini, chart from TradingView

The latest Bitcoin on-chain data reveals a notable development among mid-tier investors known as Dolphins (wallets holding between 100 and 1,000 BTC). These entities, which are seen as the balance between retail traders and institutional whales, have quietly become the most dominant cohort in 2025. 

Their accumulation trend, which started earlier this year, has now reached levels not seen in Bitcoin’s history, and on-chain data shows the sheer amount of confidence in the long-term trajectory of the world’s largest cryptocurrency.

Dolphins Take Control Of The Market

According to Santiment’s on-chain data, Bitcoin Dolphins now hold around 5.16 million BTC, representing about 26% of the total circulating supply. This share is larger than that of both smaller retail holders (Shrimps and Crabs) and large-scale investors (Whales and Humpbacks). The steady rise in their holdings since early 2025 points to deliberate and sustained accumulation during periods of market consolidation.

The chart below clearly illustrates this behavior, showing a smooth upward trend in Dolphin balances from late April through October 2025. Each brief pause in the curve is highlighted accumulation during minor corrections, meaning that these holders have been taking advantage of price pullbacks to strengthen their positions. This slow but consistent buildup indicates growing conviction rather than speculative trading activity.

 Total Holdings Of Bitcoin Dolphin Addresses. Source: Santiment

The numbers show that Dolphins have accumulated more than 681,000 BTC so far this year. This increase highlights how this group has become the most important in terms of Bitcoin’s supply dynamics. Whales and Humpbacks have shown less aggressive behavior, while Dolphins appear to be absorbing a large portion of the available coins. 

This increasing trend among Dolphin wallets is much more interesting when looked at in comparison with whale addresses, that is, addresses holding between 1,000 BTC and 10,000 BTC. Data from Santiment shows that addresses that fall into this cohort have seen their collective holdings falling since April, falling from 4.58 million BTC in April to 4.2 million BTC at the time of writing, as shown in the image below.

Bitcoin Balance By Addresses. Source: Santiment

Impact On Bitcoin’s Price Structure

The rise of Dolphins is a positive shift in Bitcoin’s ownership structure. Unlike Whales, whose movements can cause short-term price swings, Dolphins represent a larger group of strategic investors with a longer-term outlook. 

Currently, there are about 17,771 addresses within this category, each holding between 100 BTC and 1,000 BTC, and together they account for 25.82% of Bitcoin’s circulating supply. Their collective control of more than a quarter of all Bitcoin suggests a gradual decentralization of supply away from a few dominant holders.

On the other hand, there are 1,971 addresses holding between 1,000 BTC and 10,000 BTC, translating to about 21.32% of the total circulating supply. This data reflects a healthier market balance between institutional and large retail participation.

Bitcoin Balance By Addresses. Source: @nehalzzzz1 on X

At the time of writing, Bitcoin is trading at $113,345.

Bitcoin has been moving within a narrow consolidation range over the past 48 hours after briefly testing highs above $115,000. Despite holding its ground above $113,000, bears could argue that momentum has started to wane, with the price showing signs of exhaustion. 

This cautious phase has led some market watchers to question whether Bitcoin’s rally has already peaked or if another leg higher is around the corner. One analyst known as Sonny on the social media platform X believes that the coming week will be decisive in determining whether the Bitcoin price has topped this cycle.

An Ultimatum To Bitcoin’s Bull Cycle

In a post on X, Sonny described his outlook on Bitcoin as binary. He stated that Bitcoin must go completely vertical after the weekly cycle low next week; otherwise, the top is 100% in. Basically, this means that the next few trading sessions will confirm whether BTC still has room to run or whether the top is already in with its October 6 all-time high above $126,000.

Bitcoin needs to make an upside move next week in order to invalidate the possibility of the top being already in. The pundit’s projection looks at the possibility of the extended fifth wave scenario, the last bullish Elliott Wave impulse of a final parabolic surge, playing out in November. 

He noted that if Bitcoin fails to make this move in November, then that means it has already entered its distribution phase, and the bull cycle that began in late 2023 has already been completed. The chart accompanying his post supports this view, showing BTC in a corrective phase labeled as an ABC structure within the broader Elliott Wave count.

The chart also shows a completed third wave at around $73,000 earlier in 2024 and a fourth wave correction that lasted through late 2024. The ongoing price action, according to his labeling, represents the continuation of the fifth wave that started after the fourth wave ended. BTC has already made new all-time highs during this move.

Changing Outlook And Rotation Into Altcoins

However, the structure also leaves room for a more bearish interpretation, where the current bounce is only a wave II correction within a larger downward move. This means Bitcoin must break decisively above $120,000 next week to confirm the fifth wave continuation. Failure to do so would mean that BTC has already reached its top for this cycle. 

After a final local bottom, Sonny expects a rotation to Ethereum and altcoins to create the much-anticipated altseason. This perspective means that if Bitcoin fails to fulfill the expected parabolic extension, capital will shift away from BTC dominance and flow into the altcoin market.

At the time of writing, BTC is trading at $113,120, having retraced a bit from its intraday high of $116,041. The coming week could determine whether this recovery sets off a vertical move or confirms that Bitcoin’s top is already in.

As Tuesday drew to a close, the broader cryptocurrency market experienced a bearish move, causing major digital assets such as Solana to lose their renewed bullish momentum. Despite the ongoing fluctuations in the price of SOL, the institutional interest in the leading altcoin continues to grow stronger through the SOL-based treasury.

A Significant Portion Of Solana Held In Treasury Reserve

In the pursuit of a digital asset-based strategic treasury reserve, Solana continues to demonstrate its potential and resilience as a formidable crypto asset for this growing initiative. Since a SOL treasury reserve was introduced, the strategy has persistently expanded to significant levels.

As protocol income, validator awards, and ecosystem donations flood in, Solana’s treasury has gradually gathered resources, setting up the project for long-term sustainability and innovation. SOL’s treasury rise to dominance reaffirms investor confidence in the network’s capacity to finance upcoming projects, grants, and technology developments, notwithstanding general market turbulence.

After its steady expansion, Ted Pillows, an on-chain and market expert, has shared a post on X that shows that the SOL strategic reserve has reached a new high. This massive growth in its treasury strategy underscores the rise in the network’s financial strength and the maturity of its ecosystem.

Data shared by Ted Pillows shows that SOL treasury entities now hold a total of 20.13 million SOL, valued at a whopping $4.6 billion. The accumulated SOL by these treasury companies consists of 3.53% of the altcoin’s total supply.

It is important to note that this massive supply of SOL is held by a total of 20 corporate entities. A trend that underscores the rapid adoption of SOL by high-net-worth investors, strengthening its price prospects. While SOL treasury has grown strong, Pillows believes that the anticipated SOL staking Exchange-Traded Fund (ETF) is likely to attract more inflows into the initiative.

SOL Is Leading All Chains In DApp Revenue And DEX Volume

Solana treasury is gaining traction due to the blockchain’s strong on-chain activity and developer engagement. The network has taken the lead in Decentralized Application (DApp) revenue and Decentralized Exchange (DEX) trading volume.

According to a report from SolanaFloor, SOL has surpassed all Layer 1 and Layer 2 chains across the crypto sector in both areas. Its dominance in these areas solidifies SOL’s position as one of the most active ecosystems in the crypto space.

In terms of DApp revenue, the network recorded a total of $4.67 million within a day, ahead of Ethereum and Hyperliquid. Meanwhile, the leading blockchain accumulated over $4.87 million in terms of DEX volume within the same period, with ETH and BSC (Binance Smart Chain) coming in second and third spot, respectively.

At the time of writing, the price of SOL was trading at $195, after recording a more than 2% decline over the last 24 hours. Despite the pullback in SOL, bullish sentiment is gradually improving among investors, as evidenced by the over 21% increase in its daily trading volume.

Crypto reporter Eleanor Terrett shared that two new altcoin exchange-traded funds (ETFs) are about to start trading on the NASDAQ, beating out Dogecoin and XRP spot ETFs. According to the journalist, everything needed to begin trading is already in place, even though the government is in a shutdown. The legal rules allow these ETFs to go live without government staff needing to approve anything first, so the launches are still moving forward.

Litecoin And Hedera ETFs Begin Trading On NASDAQ

Terrett explained on X that Canary Funds’ spot Hedera (HBAR) and Litecoin (LTC) ETFs are now effective. She reported that these two altcoin ETFs will begin trading on the NASDAQ on Tuesday, according to Canary Capital CEO Steven McClurg. McClurg told Terrett in a statement that “Litecoin and Hedera are the next two token ETFs to go live after Ethereum.” He also said, “We look forward to launching tomorrow.”

Terrett shared this update after months of rising anticipation and waiting. The debut of these exchange-traded funds for Hedera (HBAR) and Litecoin (LTC) is now imminent, expanding crypto-based investment products into mainstream US markets. McClurg’s statement confirms the company’s excitement and readiness for the launch. Both ETFs will begin trading on NASDAQ on Tuesday, making them accessible to more traditional investors through regulated brokerage accounts.

Altcoin ETF Launches Move Ahead Even During Shutdown

Terrett also explained why these altcoin ETFs can move ahead during the government shutdown. She said that the operation of law does not always require an open government. The legal process behind ETF launches continues even when some parts of the government are closed.

She explained that, in her view, 8-A filings are just as crucial as S-1 filings for an ETF launch. The 8-A filings formally register ETF shares under the 1934 Act so they can trade on an exchange, and the S-1 filings register them under the Securities Act of 1933. 

As mentioned by Terrett, the New York Stock Exchange (NYSE) certified all the 8-A filings for the altcoin ETFs. She said this is the final step before shares can start trading. The issuers also added language in their amended S-1 filings that allows the ETFs to become effective automatically 20 days after filing. The SEC does not need to manually approve them, as S-1 filings can go live on their own, even during the government shutdown.

Terrett also noted that the shutdown pushed back earlier decision deadlines, but now all legal boxes are checked, so the altcoin ETFs are still on track for launch. 

Additionally, she also highlighted that Bloomberg ETF expert Eric Balchunas confirmed the listing notices from the exchange. He said that the NYSE posted listing notices for Bitwise Solana, Canary Litecoin, and Canary HBAR, launching on Tuesday, and for Grayscale’s GSOL, converting on Wednesday. According to the Bloomberg analyst, everything looks ready now, unless there is a last-minute SEC intervention.

В сети появилось поддельное видео, в котором человек, похожий на гендиректора крупнейшей компании-производителя микрочипов Nvidia Дженсен Хуан (Jensen Huang) обещает зрителям бесплатный обмен токенов на биткоины.